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President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business partner ...
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at ...
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in the coming years, he and President-elect Donald Trump announced on Tuesday at Trump ...
While Trump has sought to portray these announcements as a source of newfound energy in the U.S. economy, the $20 billion commitment is also a sign that wealthy investors close to Trump can profit off that relationship, given the already significant investment in new data centers.
The venture is currently building 10 data centers in Abilene, Texas, [20] [10] and plans to expand to more states and countries like Japan, [4] [21] with Trump saying that he will use executive orders to help build the venture's infrastructure. The new venture says that it will create more than 100,000 jobs in the United States.
President-elect Trump held a press conference at Mar-a-Lago on Tuesday, one day after Vice President Kamala Harris certified his election victory. Trump announces $20 billion in new data centers ...
In addition, high-tech firms are ramping up their investment in data centers to accelerate their work on artificial intelligence. Trump announced Tuesday a joint venture between OpenAI, Oracle and Japan’s Softbank to invest $500 billion in data centers and electricity generation to fuel AI research. Before the pandemic, many companies were ...
Trump said that ChatGPT's creator OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs in the United ...